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RARE INVESTMENT PROPERTY in a great location! This 21-unit Los Alamitos apartment complex offers (4) two-bedroom/two-bathroom, (8) one-bedroom/one-bathroom, and (9) two-bedroom/one-bathroom units below market value. The property is being sold fully leased, with a substantial 55% rental upside, in an area of Orange County with strong rental demand. The property features desirable amenities including a gated community pool, shared laundry room, and 31 garage spaces. Many recent improvements, including ALL interior & exterior electrical panels upgraded to meet the newest Insurance requirements. Convenient to the coastal amenities of Orange County; Los Angeles County; the Port of Long Beach; LAX, John Wayne & Long Beach Airports
Property Type(s):
Residential Income
| Last Updated | 3/15/2025 | Tract | Los Alamitos |
|---|---|---|---|
| Year Built | 1963 | Community | Los Alamitos |
| Garage Spaces | 31.0 | County | Orange |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Los Alamitos |
| GARAGE | See Remarks, Yes |
| HOA DUES | 0 |
| LOT | 0.67 acre(s) |
| LOT DESCRIPTION | 0-1 Unit/Acre |
| PARKING | See Remarks |
| POOL | Yes |
| POOL DESCRIPTION | Community,See Remarks |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | Los Alamitos |
| VIEW DESCRIPTION | None |
| WATER | Public |
Location
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Listed with RE/MAX College Park Realty
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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